Jazeera Airways' turnaround continues to show results

Premium Analysis

A slimmer Jazeera Airways has reported record profits for the three months (second quarter) to 30-Jun-2011, reversing the losses suffered in the same period last year. The carrier achieved a KWD2.2 million net profit, compared to a net loss of KD4.7 million in 2Q2010, despite battling the unrest in the Middle East and higher oil prices.

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